Companies · Medical Devices

Alea Diagnostics, Inc.

LEWES · Medical Devices · refined from filed group “Other

Diligence memoA one-page analyst read on Alea Diagnostics, Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
Latest step-up
Top 48%
Sector rank · raised
Seed
Latest stage · inferred · Mon Aug 10 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Alea Diagnostics, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the medical devices sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.35× the median modeled value of Seed Medical Devices companies in 2019–2021 (23 peers) — value vs value, same stage and era.
  • Within the normal band (135% of peer median) for its niche.
Dormant
  • Last raise 5.9 yr ago; this sector typically re-raises about every 16 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Medical Devices

Alea Diagnostics, Inc. is one of 233 Medical Devices companies tracked from LEWES. By capital raised it ranks mid-pack (ahead of 53% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

medical-devices

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2020-08-10
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2020-08-10 Raised $2.0M (real) Modeled valuation $56M (est)$2.0M$56MSeed2020

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.0M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$56.3M
Base estimate est.
$1.6M
Conservative case
$428.6M
Upside case
$10.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the medical devices sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
36%
Survival probability
16% low · 56% high
1.59×/yr
Annual markup
2.09×/yr upside case
5.9 yr
Elapsed time used
5.9 yr actual, capped for stale marks
medical devices
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.9 yr
On record since
2020
First round
1
Rounds on file
How it compares to the market

Benchmarked against 233 companies in Medical Devices. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.8× of median
This company$2.0M
Sector median$2.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.6× above median
This company$2.0M
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 3.7× above median
This company$56.3M
Sector median$15.4M

Raised more than 53% of sector peers (real $). Modeled value above 78% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #10 of 23.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Gradian Diagnostics Inc · Seed Raised $3.1M · modeled $92.3M (est)Regent Surgical Health Intermediate Holdings, Inc. · Seed Raised $4.0M · modeled $86.5M (est)Caliber Imaging & Diagnostics, Inc. · Seed Raised $2.8M · modeled $82.6M (est)Dxterity Diagnostics Inc · Seed Raised $8.7M · modeled $77.0M (est)Sure Count Surgical, LLC · Seed Raised $2.5M · modeled $73.5M (est)Preventric Diagnostics, LLC · Seed Raised $2.3M · modeled $66.7M (est)Kantum Diagnostics, Inc. · Seed Raised $5.3M · modeled $65.7M (est)Kahtnu Surgical, Inc. · Seed Raised $2.3M · modeled $63.8M (est)Surgical Suites of Coastal Virginia, LLC · Seed Raised $1.9M · modeled $56.6M (est)Biovision Diagnostics LLC · Seed Raised $2.3M · modeled $47.6M (est)Freedom For All Diagnostics, Inc. · Seed Raised $2.5M · modeled $41.8M (est)Alea Diagnostics, Inc. (this company) Raised $2.0M · modeled $56.3M (est)Alea Diagnostics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Gradian Diagnostics IncSeed$3.1M$92.3M2.21×
Regent Surgical Health Intermediate Holdings, Inc.Seed$4.0M$86.5M2.07×
Caliber Imaging & Diagnostics, Inc.Seed$2.8M$82.6M1.97×
Dxterity Diagnostics IncSeed$8.7M$77.0M1.84×
Sure Count Surgical, LLCSeed$2.5M$73.5M1.76×
Preventric Diagnostics, LLCSeed$2.3M$66.7M1.59×
Kantum Diagnostics, Inc.Seed$5.3M$65.7M1.57×
Kahtnu Surgical, Inc.Seed$2.3M$63.8M1.53×
Surgical Suites of Coastal Virginia, LLCSeed$1.9M$56.6M1.35×
Alea Diagnostics, Inc. this companySeed$2.0M$56.3M1.35×
Biovision Diagnostics LLCSeed$2.3M$47.6M1.14×
Freedom For All Diagnostics, Inc.Seed$2.5M$41.8M1.00×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.0M2020-08-10$10.0M$56.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.0M2020-08-10
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$3.2M
Modeled next size est.range $2.1M$5.1M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Catherine Joyce Everett2020-08
Linda Craib2020-08
Registry & provenance

Alea Diagnostics, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1824604
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
OBP Surgical CorpMedical DevicesSeed$2.0M$38.3Msame sector · same stage
Surgical Suites of Coastal Virginia, LLCMedical DevicesSeed$1.9M$56.6Msame sector · same stage
iSono Health, Inc.Medical DevicesSeed$1.8M$6.7Msame sector · same stage
Preventric Diagnostics, LLCMedical DevicesSeed$2.3M$66.7Msame sector · same stage
Biovision Diagnostics LLCMedical DevicesSeed$2.3M$47.6Msame sector · same stage
Kahtnu Surgical, Inc.Medical DevicesSeed$2.3M$63.8Msame sector · same stage
Centrus Diagnostics, Inc.Medical DevicesSeed$1.7M$7.4Msame sector · same stage
Rational Surgical Solutions, LLCMedical DevicesSeed$2.4M$9.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
MBio Diagnostics, Inc.Medical DevicesSeries A$77.3M88%
ACES Diagnostics, Inc.Medical DevicesSeed$7.3M88%
Kantum Diagnostics, Inc.Medical DevicesSeed$65.7M87%
Hera Diagnostics CorpMedical DevicesPre-Seed$9.2M86%
ADM Diagnostics, Inc.Medical DevicesPre-Seed$22.8M84%
Specific Diagnostics, Inc.Medical DevicesSeries B$463.6M84%
Led Medical Diagnostics IncMedical DevicesSeed$13.3M84%
Bardy Diagnostics, Inc.Medical DevicesSeries B$11.9M84%
Frequently asked
How much funding has Alea Diagnostics, Inc. raised?
Alea Diagnostics, Inc. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Alea Diagnostics, Inc.'s estimated valuation?
Provath's modeled valuation for Alea Diagnostics, Inc. is approximately $56.3M (modeled range $1.6M–$428.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Alea Diagnostics, Inc. at?
Alea Diagnostics, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Aug 10.
What does Alea Diagnostics, Inc. do and where is it based?
Alea Diagnostics, Inc. operates in the Medical Devices sector, based in LEWES.
Explore related

See where Alea Diagnostics, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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